Can USINAS SIDERURGICAS DE MINAS GERAIS S.A. (OTCMKTS:USNZY)’s Tomorrow be Different? The Stock Had Increase in Shorts

June 13, 2018 - By Adrian Erickson

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Logo

The stock of USINAS SIDERURGICAS DE MINAS GERAIS S.A. (OTCMKTS:USNZY) registered an increase of 46.46% in short interest. USNZY’s total short interest was 51,700 shares in June as published by FINRA. Its up 46.46% from 35,300 shares, reported previously. With 97,700 shares average volume, it will take short sellers 1 days to cover their USNZY’s short positions. The short interest to USINAS SIDERURGICAS DE MINAS GERAIS S.A.’s float is 0.01%.

The stock decreased 2.68% or $0.06 during the last trading session, reaching $2.18. About 2,213 shares traded. Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) has 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Usinas Sider??rgicas de Minas Gerais S.A. makes and markets flat steel products in Brazil and internationally. The company has market cap of $3.20 billion. The company??s products include heavy plates, sincron, hot and cold rolled products, laser welded assemblies, slits/rolls, blanks, and hot-dip galvanized and electrogalvanized coils and sheets. It has a 31.59 P/E ratio. It also provides pipes in various sizes, shapes, and thicknesses.

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